Tonik: Rolls out new all-digital loans
- Tonik is the first digital-only neobank in the Philippines, providing loan, deposit, and payment products to consumers
- Continues to accelerate financial and credit inclusion with the launch of its two new lending products, Flex Loan and Big Loan
- Building on the success of its all-digital savings portfolio and the successful launch of its first lending product
- Flex Loan empowers customers with both freedom and flexibility to chase their dream purchases
- Flex Loan offers 2.49% monthly interest for up to 24 months, for a loan of as much as Php 250,000
- Big Loan offers a one-time multipurpose installment loan that allows a borrower to use the equity value of their home
